Funding you earn now, next payment 08:00 UTC+0.0293%/8h= +32.1% APRnext payment +$1.46 per $10,000 · paid last 24h +0.155%
Price spread now: Bitget against OKX−0.081%7-day average −0.251% · you buy dearer than you sell
Net, funding: paid 7d − costs+$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1331.332% of the position
Funding, last 7 days+1.937%+$194 on $10k
+Price spread, last 7 days−2.352%−$235 · spread now −0.081%, 7d avg −0.251%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.170% dearer against OKX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.251%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZIL-USDT-SWAP | 0.003694 | −0.0659 | get 0.0329% / 4h | 23m 48s | $1.0M | $2.6M | 20x |
| Short | Bitget ZILUSDT | 0.003691 | −0.0366 | pay 0.0183% / 4h | 23m 48s | $1.3M | $794K | 25x |
OKX ZIL-USDT-SWAP
Bitget ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $61.53
- Price spread: −0.081% → −0.251%
- $16.97
- Slippage, 4 orders
- −$111.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$54.66
- Costs to cover
- 1.332%
- Break-even
- 13.2 days
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 3 min ago | 1.35 bp | 35.2 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.36 bp | 37.3 bp −$37 | 157.6 bp −$1,576 | doesn't fit | doesn't fit |
ZIL on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZILUSD | −0.3569% | 1h | 0.003699 | +0.140% | $30K | $7K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.2236% | 4h | 0.003720 | +0.704% | $2.4M | $212K | 25x | as long as short |
| Gate ZIL_USDT | −0.1316% | 4h | 0.003699 | +0.135% | $377K | $345K | 50x | as long as short |
| Bybit ZILUSDT | −0.1275% | 8h | 0.003693 | −0.027% | $2.9M | $3.1M | 25x | as long as short |
| Variational Omni ZIL | −0.1040% | 8h | 0.003690 | −0.100% | $16K | $20K | — | as long as short |
| MEXC ZIL_USDT | −0.0804% | 4h | 0.003686 | −0.217% | $2.3M | $716K | 125x | as long as short |
| BloFin ZIL-USDT | −0.0803% | 4h | 0.003688 | −0.162% | $258K | $146K | 25x | as long as short |
| Binance ZILUSDT | −0.0802% | 4h | 0.003686 | −0.217% | $4.4M | $9.9M | 25x | as long as short |
| OKX ZIL-USDT-SWAPlong | −0.0659% | 4h | 0.003694 | long leg | $1.0M | $2.6M | 20x | |
| Aster ZILUSDT | −0.0654% | 4h | 0.003682 | −0.322% | $150K | $47K | 10x | as long as short |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Gate ZIL_USDT
Bybit ZILUSDT
Variational Omni ZIL
MEXC ZIL_USDT
BloFin ZIL-USDT
Binance ZILUSDT
Aster ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDTshort | −0.0366% | 4h | 0.003691 | −0.081% | $1.3M | $794K | 25x | |
| BingX ZIL-USDT | −0.0274% | 4h | 0.003692 | −0.054% | — | $2.5M | — | as long as short |
BingX ZIL-USDT